They Say You Can’t Get Re-Elected If Unemployment Rates > 8%

Ken AshfordEconomy & Jobs & Deficit, Election 2012Leave a Comment

Obama's had a couple of good weeks with the immigration issue, and the Supreme Court uphold of the ACA.  And Romney's team has been playing those issues badly.

But today came the jobs numbers for last month.  The U.S. economy added 80,000 jobs in June, with the unemployment rate holding steady at 8.2%. The number was below economists’ expectations. 

April’s numbers were revised downward, from 77,000 jobs created to 68,000, and May’s were revised up from 69,000 to 77,000.